What
are the accounting problems related to the presentation of interim data?
The accounting problems related to the presentation of
interim data include:
(a) Changes in accounting.
(b) The difficulty of allocating costs, such as income
taxes, pensions, etc., to the proper quarter.
(c) Presentation of earnings per share (EPS) figures.
(d) Seasonality.
(e) Auditor’s involvement in interim reports.
